PH Nantwich Limited 09336622 false 2022-07-01 2023-06-30 2023-06-30 The principal activity of the company is Dental Surgery Digita Accounts Production Advanced 6.30.9574.0 true 09336622 2022-07-01 2023-06-30 09336622 2023-06-30 09336622 bus:Original 2023-06-30 09336622 core:RetainedEarningsAccumulatedLosses 2023-06-30 09336622 core:ShareCapital 2023-06-30 09336622 core:CurrentFinancialInstruments 2023-06-30 09336622 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 09336622 core:Non-currentFinancialInstruments core:AfterOneYear 2023-06-30 09336622 core:Goodwill 2023-06-30 09336622 core:FurnitureFittings 2023-06-30 09336622 core:OfficeEquipment 2023-06-30 09336622 core:OtherPropertyPlantEquipment 2023-06-30 09336622 core:PlantMachinery 2023-06-30 09336622 bus:SmallEntities 2022-07-01 2023-06-30 09336622 bus:AuditExemptWithAccountantsReport 2022-07-01 2023-06-30 09336622 bus:FullAccounts 2022-07-01 2023-06-30 09336622 bus:SmallCompaniesRegimeForAccounts 2022-07-01 2023-06-30 09336622 bus:RegisteredOffice 2022-07-01 2023-06-30 09336622 bus:Director1 2022-07-01 2023-06-30 09336622 bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 09336622 core:Goodwill 2022-07-01 2023-06-30 09336622 core:FurnitureFittings 2022-07-01 2023-06-30 09336622 core:InvestmentPropertyIncludedWithinPPE 2022-07-01 2023-06-30 09336622 core:OfficeEquipment 2022-07-01 2023-06-30 09336622 core:OtherPropertyPlantEquipment 2022-07-01 2023-06-30 09336622 core:PlantMachinery 2022-07-01 2023-06-30 09336622 countries:AllCountries 2022-07-01 2023-06-30 09336622 2022-06-30 09336622 core:Goodwill 2022-06-30 09336622 core:FurnitureFittings 2022-06-30 09336622 core:OfficeEquipment 2022-06-30 09336622 core:OtherPropertyPlantEquipment 2022-06-30 09336622 core:PlantMachinery 2022-06-30 09336622 2021-07-01 2022-06-30 09336622 2022-06-30 09336622 core:RetainedEarningsAccumulatedLosses 2022-06-30 09336622 core:ShareCapital 2022-06-30 09336622 core:CurrentFinancialInstruments 2022-06-30 09336622 core:CurrentFinancialInstruments core:WithinOneYear 2022-06-30 09336622 core:Non-currentFinancialInstruments core:AfterOneYear 2022-06-30 09336622 core:FurnitureFittings 2022-06-30 09336622 core:OfficeEquipment 2022-06-30 09336622 core:OtherPropertyPlantEquipment 2022-06-30 09336622 core:PlantMachinery 2022-06-30 iso4217:GBP xbrli:pure

Registration number: 09336622

PH Nantwich Limited

Unaudited Financial Statements

for the Year Ended 30 June 2023

 

PH Nantwich Limited

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 7

 

PH Nantwich Limited

(Registration number: 09336622)
Balance Sheet as at 30 June 2023

Note

30 June
2023
£

30 June
2022
£

Fixed assets

 

Tangible assets

5

8,778

11,536

Current assets

 

Stocks

6

2,000

2,000

Debtors

7

123,938

123,437

Cash at bank and in hand

 

17,770

1,046

 

143,708

126,483

Creditors: Amounts falling due within one year

8

(102,469)

(88,009)

Net current assets

 

41,239

38,474

Total assets less current liabilities

 

50,017

50,010

Creditors: Amounts falling due after more than one year

8

(49,167)

(49,167)

Provisions for liabilities

(447)

(703)

Net assets

 

403

140

Capital and reserves

 

Called up share capital

10

10

Retained earnings

393

130

Shareholders' funds

 

403

140

 

PH Nantwich Limited

(Registration number: 09336622)
Balance Sheet as at 30 June 2023

For the financial year ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 4 March 2024 and signed on its behalf by:
 

.........................................
Dr P Hewitt
Director

 

PH Nantwich Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2023

1

General information

The company is a private company limited by share capital, incorporated in England & Wales .

The address of its registered office is:
7-9 Macon Court
Crewe
Cheshire
CW1 6EA
UK

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the Company’s activities. Turnover is shown net of value added tax.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

PH Nantwich Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2023

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

25% on reducing balance

Fixtures and fittings

25% on reducing balance

Other tangible assets

10% on cost

Office equipment

20% on cost

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2015, was re-assessed during the year ended 31 December 2017 to write off the remaining amount over four years.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method. The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods. Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 6 (2022 - 6).

 

PH Nantwich Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2023

4

Intangible assets

Goodwill
 £

Total
£

Cost or valuation

At 1 July 2022

214,364

214,364

At 30 June 2023

214,364

214,364

Amortisation

At 1 July 2022

214,364

214,364

At 30 June 2023

214,364

214,364

Carrying amount

At 30 June 2023

-

-

 

PH Nantwich Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2023

5

Tangible assets

Fixtures and fittings
£

Plant and machinery
£

Office equipment
£

Other tangible assets
 £

Cost or valuation

At 1 July 2022

1,492

64,053

9,653

2,196

At 30 June 2023

1,492

64,053

9,653

2,196

Depreciation

At 1 July 2022

1,333

57,819

4,949

1,757

Charge for the year

39

1,559

941

219

At 30 June 2023

1,372

59,378

5,890

1,976

Carrying amount

At 30 June 2023

120

4,675

3,763

220

At 30 June 2022

159

6,048

4,704

625

Total
£

Cost or valuation

At 1 July 2022

77,394

At 30 June 2023

77,394

Depreciation

At 1 July 2022

65,858

Charge for the year

2,758

At 30 June 2023

68,616

Carrying amount

At 30 June 2023

8,778

At 30 June 2022

11,536

 

PH Nantwich Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2023

6

Stocks

30 June
2023
£

30 June
2022
£

Other inventories

2,000

2,000

7

Debtors

Current

30 June
2023
£

30 June
2022
£

Other debtors

123,938

123,437

 

123,938

123,437

8

Creditors

Creditors: amounts falling due within one year

Note

30 June
2023
£

30 June
2022
£

Due within one year

 

Loans and borrowings

10,278

-

Taxation and social security

 

14,672

10,141

Other creditors

 

77,519

77,868

 

102,469

88,009

Creditors: amounts falling due after more than one year

Note

30 June
2023
£

30 June
2022
£

Due after one year

 

Loans and borrowings

49,167

49,167